27 May 2020 / David McBride, Sushant Ajmani, and Joseph Sursock / Digital
Currently, almost all the major economies across the world are experiencing the Demand Shock, which has put the global supply chain ecosystem under a lot of distress. Tune in to hear David McBride, Sushant Ajmani, and Joseph Sursock as they discuss Pandemic's impact in the US, EU, and Asia region and briefly talk about Course5 COVID-19 Sprinter’s Package.
Currently, almost all major economies across the world are experiencing Demand Shock, which has put the global supply chain ecosystem under a lot of distress. A significant percentage of MSMEs are experiencing a large part of their working capital locked into inventory, and the prevalent lockdown phase is raising questions about their survival because of Manufacturing Downtime for the last 2 months. The sales and distribution function is running at 20%-30% of its capacity and has significantly impacted the supply of Daily Essentials. In Feb'2020, approx. $50bn worth of global exports was wiped off due to COVID-19 and the countries whose value chains are linked to the epicenters of the disease experienced a major setback as China, for example, controls over 70% of the global raw material market. The transportation and logistics sectors that contribute over 10%-12 % of global GDP are running at their lowest capacity and have brought the crude oil prices down.
In this podcast, Sushant Ajmani has discussed the Pandemic's impact in the US, EU, and Asia region with David Mcbride and Joseph Sursock, and briefly talked about Course5 COVID-19 Sprinter’s Package. They also discussed how Course5 Intelligence is collaborating with the enterprise Supply Chain, Logistics, Finance, E-commerce, and Sales & Distribution functions to revive their distressed value chain and bring control and transparency at each checkpoint. Below mentioned are the five areas where Course5 is collaborating with the Retail, Technology, CPG and FMCG players:
- Re-calibration of Demand and Supply Forecasts
- Smarter Product Bundling and SKU Rationalization
- Optimal Route Planning
- Ecommerce Segmented Supply Chain
- Bringing Transparency and Predictability in the Sales & Distribution process
Hear about it all in this podcast and don't forget to subscribe to our future episodes.